Buying a short sale home with a VA loan. Veterans can use their VA loan to purchase a short sale property as long as the home meets VA guidelines (safety, livability, and a justified sale price insured value).
verb (used with object), privatized, privatizing. 1. to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands. 2. to make exclusive; delimit or appropriate: special-interest groups attempting to privatize social issues.
Privatization is the process of transferring an enterprise or industry from the public sector to the private sector. The public sector is the part of the economic system that is run by government agencies. Privatization may involve either sale of government-held assets or removal of restrictions preventing private individuals and businesses from participating in a given industry.